National tax policy


 

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National tax policy

The way a country chooses to allocate tax burdens.



National tax policy

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National Savings

National Savings

A variety of savings schemes, backed by the government, in which the public can participate. National Savings publishes a booklet entitled 'Investor's Guide' which describes in detail how it operates and the products it offers. The savings schemes currently include:Capital BondsIncome BondsFirst Option BondsPensioners BondsChildren's Bonus BondsInvestment AccountOrdinary AccountFixed Interest Savings CertificatesIndex Linked Savings CertificatesPremium Bonds


International Petroleum Exchange (IPE)

International Petroleum Exchange (IPE)

Energy futures and options exchange based in London.


Government National Mortgage Association

Government National Mortgage Association

In the US, a government-owned corporation which guarantees payment of interest and principal of mortgage-backed pass through securities. The corporation is nicknamed Ginnie Mae.


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A firm, usually a corporation, that operates in two or more countries. In practice the term is used interchangeably with multinational corporation.


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The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation is one of the major budget items for many governments.


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